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Bosses and entrepreneurs, it’s time to declare and pay your company tax! 😇 Anyone doing business will want to maximise profits and revenues for sure. However, when the profit (which is chargeable income) is higher, more corporate tax needs to be paid. But wait, do you know you can actually do tax planning to reduce your tax rate? Here are some tips you may refer to and consider. 🧐 Take advantage of tax incentives: The Malaysian government offers various tax incentives to encourage investment in certain industries or activities. These incentives may include reduced tax rates, tax holidays, or accelerated depreciation. It's worth exploring whether your company qualifies for any of these incentives. 😁 Claim all allowable deductions: Make sure you're claiming all the deductions that you're entitled to under Malaysian tax law. This could include deductions for business expenses such as rent, utilities, and employee salaries. 🤩 Optimize your business structure: Depending on your company's size and structure, it may be worth considering whether a different business structure (such as a limited liability partnership or a sole proprietorship) could result in lower taxes. 😉 It's important to note that tax laws and regulations can change over time, so it's always a good idea to consult with a qualified tax professional before making any major tax-related decisions. You may ask: “How do I update and equip myself with all the latest tax updates?” TaxPOD is your best partner to access all the tax knowledge you need to strategise your tax planning. You can view all the videos and attend our latest tax update webinars to smoothen your tax- saving journey! 🥳 Hit the “Book Now” button to request a FREE TaxPOD demo now! 😎

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𝗚𝗶𝘃𝗲 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳 𝘁𝗵𝗲 𝗴𝗶𝗳𝘁 𝗼𝗳 𝗮 𝗵𝗲𝗮𝗹𝘁𝗵𝗶𝗲𝗿, 𝗵𝗮𝗽𝗽𝗶𝗲𝗿 𝘆𝗼𝘂! Transform Your Life With Our Exclusive New Year, New You - 28 Day Fitness Challenge! Our 𝗡𝗲𝘄 𝗬𝗲𝗮𝗿, 𝗡𝗲𝘄 𝗬𝗼𝘂 - 𝟮𝟴 𝗗𝗮𝘆𝘀 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 is open for early sign-ups in December. Achieve remarkable results with just 20 minutes of exercise, 3 times a week – that's only 1 hour a week for a brand New You! 𝗪𝗵𝗮𝘁 𝗔𝘄𝗮𝗶𝘁𝘀 𝗬𝗼𝘂: 🌟 A 1-Hour Consultation And One-on-One Goal Setting Session 🌟 A Personalised Training Plan 🌟 Delectable Waist-Slimming Meal Plans 🌟 Your Very Own Accountability Coach 🌟 Access To MyAccountability Plus App And Our Private Facebook Group Results guaranteed - No Aerobic Workouts, No Low-Calorie Diets As a special bonus, if you sign up now, you can claim 1 InBody 570 Body Composition Analysis scan for FREE (worth €57). This is a Time-Limited Offer. Secure your spot now, and start training whenever you are ready in January! 🌟💪 #NewYearNewYou #28DaysChallenge

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